If you're kissing Putin's bottom and you leave orange colored lip marks, then Paul Ryan forgives you.
If your words and deeds show that your personal interests are more aligned with a devious dictator than those of the United States of America, but you aren't Hillary Clinton, then Mitch McConnell will protect you.
Blind, off the tracks, dingey dogs would be better leaders of the GOP in Congress.
Don't take my word for it. Check out this article from the Daily Beast:GOP Blocks Probes into Trump Putin Ties
Friday, September 30, 2016
Thursday, September 15, 2016
Is Your Garage Full of Stuff? Uh-Oh.
I read yesterday in the Daily Pfennig that the typical American saves .8% of their income.
.8%.
That is 8/10ths of 1/100th of their income.
Simply put, just about one penny for every dollar earned is saved. Ben Franklin weeps.
Heck you can pick a dime's worth of pennies off the ground at any gas station and you'd be doing better than many people are in an hour.
In the 60s, the family savings rate was 17%. Seventeen cents from every dollar. $1.70 saved for every ten dollars earned; $17 per $100.
Can you guess what happened? You know. It's obvious, actually. It was sucked up by clever, effective marketing.
Since the 60s, Americans have purchased untold amounts of stuff instead of saving money to live on. Why? Because they were told by an insidious and powerful advertising industry that wealthy, happy people bought lots of shiny watches, clothes, cars, boats, folding chairs, power tools, stainless steel refrigerators, and granite countertops. Marketers convinced a generation and a half that if they bought those things, then they would be rich and happy.
Instead of filling their lives with security, ease, and happiness, people have filled their garages with junk.
Floor to ceiling things and the nagging realization that all that garage fodder represents what could have been their "fuck you" money.
While they don't have financial freedom, mortgage free homes, or lien-less cars, they can have epic garage sales that net them a pitiful fraction of what they spent on the cast off stuff they listlessly sell.
"Not to worry about negative returns on my savings, I'll have a garage sale and make money!"
My stomach turns.
Americans have little concern about negative interest rates. They are immune to them.
They've been living with negative returns on their purchases for decades now. Buy! Buy! Buy! Who profits? The seller and the credit card issuer. Who loses? The buyer/borrower.
There is no financial return on a new shirt that is just like the shirt you already have. A new watch tells time the same as an old one.
You can't up and quit your crappy job because you just bought your 100th pair of shoes. They won't pay your bills.
You are stuck.
It is easy to guess who has money in your neighborhood, or any neighborhood. Drive down any street around dinner-time and see who has a garage filled with stuff.
If there are one or more cars parked outside in the driveway because the garage is filled with stacks of this and that, then those residents probably have little financial depth.
On the other hand, the families with nothing but cars, bicycles and garbage cans in their garage — you can safely bet that they have money in the bank.
Shoppers go broke. Savers live happily. Check out these statistics in this article and see if you recognize yourself.
And if you do, then you might want to skip the next big sale — and have one of your own.
.8%.
That is 8/10ths of 1/100th of their income.
Simply put, just about one penny for every dollar earned is saved. Ben Franklin weeps.
Heck you can pick a dime's worth of pennies off the ground at any gas station and you'd be doing better than many people are in an hour.
In the 60s, the family savings rate was 17%. Seventeen cents from every dollar. $1.70 saved for every ten dollars earned; $17 per $100.
Can you guess what happened? You know. It's obvious, actually. It was sucked up by clever, effective marketing.
Since the 60s, Americans have purchased untold amounts of stuff instead of saving money to live on. Why? Because they were told by an insidious and powerful advertising industry that wealthy, happy people bought lots of shiny watches, clothes, cars, boats, folding chairs, power tools, stainless steel refrigerators, and granite countertops. Marketers convinced a generation and a half that if they bought those things, then they would be rich and happy.
Instead of filling their lives with security, ease, and happiness, people have filled their garages with junk.
Floor to ceiling things and the nagging realization that all that garage fodder represents what could have been their "fuck you" money.
While they don't have financial freedom, mortgage free homes, or lien-less cars, they can have epic garage sales that net them a pitiful fraction of what they spent on the cast off stuff they listlessly sell.
"Not to worry about negative returns on my savings, I'll have a garage sale and make money!"
My stomach turns.
Americans have little concern about negative interest rates. They are immune to them.
They've been living with negative returns on their purchases for decades now. Buy! Buy! Buy! Who profits? The seller and the credit card issuer. Who loses? The buyer/borrower.
There is no financial return on a new shirt that is just like the shirt you already have. A new watch tells time the same as an old one.
You can't up and quit your crappy job because you just bought your 100th pair of shoes. They won't pay your bills.
You are stuck.
It is easy to guess who has money in your neighborhood, or any neighborhood. Drive down any street around dinner-time and see who has a garage filled with stuff.
If there are one or more cars parked outside in the driveway because the garage is filled with stacks of this and that, then those residents probably have little financial depth.
On the other hand, the families with nothing but cars, bicycles and garbage cans in their garage — you can safely bet that they have money in the bank.
Shoppers go broke. Savers live happily. Check out these statistics in this article and see if you recognize yourself.
And if you do, then you might want to skip the next big sale — and have one of your own.
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